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Understanding Your TFSA Contribution Room in 2026

A Tax‑Free Savings Account (TFSA) is one of Canada’s most flexible and powerful savings tools, but figuring out your exact contribution room can feel like solving a puzzle. A clear breakdown makes it much easier. How TFSA Contribution Room Works Your available room is made up of three parts: Annual TFSA limit for the current year Unused contribution room from previous years Withdrawals from previous years (added back the following January) For 2026, the annual TFSA limit is $7,000 . Step‑by‑Step: How to Calculate Your Room Use this simple formula: [ \text{TFSA Room} = \text{Unused Room from Prior Years} + \text{Current Year Limit} + \text{Withdrawals from Last Year} ] A quick example: Unused room from past years: $18,000 2026 limit: $7,000 Withdrawals made in 2025: $4,000 [ \text{Total Room} = 18,000 + 7,000 + 4,000 = 29,000 ] That means you could contribute $29,000 in 2026 without penalty. A Few Helpful Notes Over‑contributions lead to penalties, so it’s worth...
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Dow and S&P 500 Reach New Heights as Nvidia Ignites Market Surge

 

In a remarkable turn of events, the Dow Jones Industrial Average and the S&P 500 have both soared to record highs. Investors are riding the wave of optimism, fueled by the impressive performance of Nvidia, the artificial intelligence (AI) poster child.

Nvidia, a leading chip designer, reported bumper earnings and an upbeat outlook. The company’s shares skyrocketed, surging more than 16% to reach an all-time high. The forecast for roughly three-fold growth in first-quarter revenue has sent shockwaves through the market.

Investors wasted no time piling into growth and technology stocks. The allure of AI-driven innovation, coupled with Nvidia’s stellar results, has created a frenzy. The S&P 500 and Dow Jones Industrial Average are now scaling unprecedented heights, leaving traders and analysts buzzing with excitement.

As the market continues to ride the Nvidia wave, one thing is clear: AI is reshaping the landscape, and companies like Nvidia are leading the charge. Buckle up, investors—this rally shows no signs of slowing down! 

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